Edward Dougherty Memorial Trust Fund is located in Port Washington, NY. The organization was established in 1976. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward Dougherty Memorial Trust Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Edward Dougherty Memorial Trust Fund generated $77.8k in total revenue. All expenses for the organization totaled $20.0k during the year ending 12/2023.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO AWARD SCHOLARSHIPS TO DESERVING COLLEGE STUDENTS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Mark Cohen Trustee | 2 | $0 | |
| Rocco Dipaolo Trustee | 2 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,650 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $3,078 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $53,797 | 
| Other Revenue | $0 | 
| Total Revenue | $77,777 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $4,024 | 
| Other expenses | $0 | 
| Total expenses | $20,024 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,573 | 
| Other assets | $0 | 
| Total assets | $131,160 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $131,160 |